Phoenix homebuyers now need a $22,500 raise to afford the average home—an alarming shift that’s reshaping the Arizona real estate market. In this timely blog, we break down how rising mortgage rates, home price appreciation, and stagnant wages are impacting affordability in Phoenix and across Maricopa County. Arizona realtors will find expert insights on buyer behavior, down payment strategies, and how to better position listings in today’s challenging market. Whether you're helping first-time buyers or marketing new builds, this is essential reading for real estate professionals navigating the 2025 housing landscape in Phoenix, Gilbert, Chandler, and beyond.